What is “Intrinsic” Value?

And does it matter?

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This feels like an unnecessary esoteric framing for the question at hand.

The Bitcoin network is the longest running, most secure, most censorship resistant, and most likely to survive unknown future crypto shocks. There are features of Bitcoin that nothing else on the planet can offer in the same way.

This is the intrinsic value. The future marginal buyer of crypto will come to Bitcoin to take advantage of these benefits, and buy Bitcoin at or below the value these benefits offer to him/her.